Gold bulls claw back most of early daily losses
(Kitco News) – Gold prices are slightly lower in midday trading but well up from the daily lows as bargain hunters stepped in to buy the dip.
Read moreHarmony Gold boosts EBITDA 360% on strong production and gold price increase
(Kitco News) – Harmony Gold Mining (NYSE: HMY), a senior diversified gold producer, reported today that for the nine months ended 31 March 2021 (9M 2021), the company produced 1,124,274 ounces of gold, a 13.5% increase over the corresponding period of …
Read moreCME sees strong demand for bitcoin mini contract volume with surprise 100k in first week of trading
(Kitco News) – The insatiable appetite for bitcoin and cryptocurrencies continues to dominate financial markets.
Read moreBillionaire investor Druckenmiller sees U.S. dollar losing reserve status to crypto in 15 years
(Kitco News) – The U.S. dollar has been able to maintain its dominance as the world’s reserve currency as many investors see it as “the least dirty shirt in the laundry basket.” However, according to one famed investor, this argument is reaching its li…
Read moreRidgestone unveils maiden resources for Guadalupe y Calvo
(Kitco News) – Ridgestone Mining (TSX.V: RMI) today announced maiden mineral resource estimate for its Guadalupe y Calvo (“GyC”) gold-silver project in Chihuahua, Mexico.
Profit-taking price pressure on gold, silver
(Kitco News) – Gold and silver prices are lower and hitting daily lows in early morning U.S. trading Tuesday.
Read moreAccounting errors causes LBMA to overstate silver holding by 3,300 tonnes during March Silver Squeeze
(Kitco News) – An accounting error in the silver market, made by the London Bullion Market Association (LBMA), comes at a difficult time for the precious metal as investors are trying to gauge how much supply is actually in the marketplace.
Read moreGold price modestly higher as “reflation trade” heating up
(Kitco News) – Gold and silver prices are a bit higher in early morning U.S. trading Tuesday. The metals continue to be supported by a depreciating U.S. dollar on the foreign exchange market.
Read moreBitcoin daily chart alert – Choppy trading continues Tuesday – May 11
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Tuesday. Not much new recently. Trading remains choppy and sideways.
Read moreSigns of foul play at Sarabi Gold?
(Kitco News) – Serabi Gold (SRB:LSE) has confirmed that during the course of an audit in Brazil, that it has become aware that certain cash withdrawals made during 2020, and amounting to approximately US$80,000, lacked documentary support. Signs of fou…
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